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    Property profile & analytics

    507 Smith St Grand Mound, IA 52751

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1130407
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 507 Smith St

    Year built
    1972
    Property type
    Commercial real estate

    Description

    This exceptional commercial property at 507 & 509 Smith Street, Grand Mound, IA 52751, presents a unique investment opportunity. The 2,400 square foot lot features a single building constructed in 1972, currently housing a thriving local bar business. Adding to the income potential are two attached one-bedroom apartments, each generating $600 in monthly rent. The sale includes all existing business fixtures and equipment, offering a true turnkey operation for a new owner. The property benefits from recent updates to the plumbing and electrical systems, ensuring efficient and reliable operation. Located in Clinton County, Iowa, this property offers a blend of established business income and rental revenue streams. The asking price is $170,000. This is an ideal opportunity for an investor seeking a profitable, established business with immediate rental income. The property's location in Grand Mound provides access to a local customer base and potential for growth. All aspects of the business are included in the sale, making this a seamless transition for a new owner. Don't miss this chance to acquire a well-maintained, income-generating commercial property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Mound
    County
    Clinton
    State
    Iowa
    Longitude
    -90.6473999
    Latitude
    41.8234176
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    507 Smith St
    Grand Mound, IA 52751
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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